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Comoros

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Country summary

Capital

Moroni

Borders

(N/A)

Government type

republic

Population

752,438 (July 2010 est.)[1]

Population growth

2.766% (2010 est.)[1]

Life expectancy

63.47 years[1]

Unemployment

20% (1996 est.)[1]

Index of Economic Freedom

165[2]

Corruption Perceptions Index

143[3]

Doing Business ranking

162[4]


Comoros has endured more than 20 coups or attempted coups since gaining independence from France in 1975. In 1997, the islands of Anjouan and Moheli declared independence from Comoros. In 1999, military chief Col. AZALI seized power in a bloodless coup, and helped negotiate the 2000 Fomboni Accords power-sharing agreement in which the federal presidency rotates among the three islands, and each island maintains its own local government. AZALI won the 2002 presidential election, and each island in the archipelago elected its own president. AZALI stepped down in 2006 and President SAMBI was elected to office. In 2007, Mohamed BACAR effected Anjouan's de-facto secession from the Union, refusing to step down in favor of fresh Anjouanais elections when Comoros' other islands held legitimate elections in July. The African Union (AU) initially attempted to resolve the political crisis by applying sanctions and a naval blockade on Anjouan, but in March 2008, AU and Comoran soldiers seized the island. The move was generally welcomed by the island's inhabitants.[1]

Economical characteristicsEdit

  • Currency: Comorian franc (ISO code: KMF)
  • This country does not seem to have a central bank.
  • Central bank discount rate: 5.36% (31 December 2008)[1]
  • Commercial banks lending rate: 7% (31 December 2008)[1]
  • Stock of money (M1): $100.6 million (31 December 2008)[1]
  • Quasi money (with M1 makes M2): $41.74 million (31 December 2008)[1]


StatisticsEdit

Statistic / Year 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
GDP (million USD)[5] 223 202 220 251 324 362 387 403 465 530
Govt. debt (% of GDP)[6]
Govt. revenue (% of GDP)[7]
Govt. expenses (% of GDP)[8]
Debt to revenue (years)

ReferencesEdit

Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 CIA - The World Facebook. "Comoros", from The World Facebook. Referenced 2010-10-01.
  2. Heritage Foundation. "Comoros", Economic Freedom Score. A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-10-01.
  3. Transparency International. "Comoros", Corruption Perceptions Index 2009. A lower ranking is better; but please note that the numbers cannot be compared between countries or years due to different methodology. Referenced 2010-10-01.
  4. Doing Business. "Comoros", Doing Business 2010 (part of The World Bank Group). A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-10-01.
  5. World Bank. "Comoros: GDP", from World Bank Data. Referenced 2010-10-01.
  6. World Bank. "Comoros: government debt", from World Bank Data. Referenced 2010-10-01.
  7. World Bank. "Comoros: government revenue", from World Bank Data. Referenced 2010-10-01.
  8. World Bank. "Comoros: government expenses", from World Bank Data. Referenced 2010-10-01.

External linksEdit

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